SYNDICATE FASHIONS PRIVATE LIMITED, CHENNAI V. PCIT-3, CHENNAI

ITA 186/CHNY/2021

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 2090 (ITAT-CHENNAI)
• Duration Of Justice: 11 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-05-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2015-2016
• Appeal Filed On: 09-06-2021
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263; 143(3)

Judgement Text

आयकर अपीलीय अिधकरण ‘ए’ ायपीठ चे ई म । IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, CHENNAI माननीय -ी महावीर िसंह, उपा34 एवं माननीय -ी मनोज कु मार अ8वाल ,लेखा सद; के सम4। BEFORE HON’BLE SHRI MAHAVIR SINGH, VICE PRESIDENT AND HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM आयकर अपील सं./ ITA No. 186/Chny/2021 (िनधाDरण वषD / Assessment Year: 2015-16) Syndicate Fashions Private Limited No. 26/86, Arunachalam Street, Chintadripet, Chennai – 600 002. बनाम/ V s. PCIT-3 Chennai. थायी लेखा सं./जीआइ आर सं./P AN /GI R No . AAM C S -2 8 0 8 -R (अपीलाथ /Appellant) : ( थ / Respondent) अपीलाथ की ओरसे/ Appellant by : Shri. K. Ravi (Advocate) – Ld. AR थ की ओरसे/Respondent by : Shri. Ajit Kumar (JCIT) –Ld. DR सुनवाई की तारीख/ Date of Hearing : 17-05-2022 घोषणा की तारीख / Date of Pronouncement : 17-05-2022 आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member) 1. In this appeal, the assessee challenges the exercise of revisional jurisdiction u/s 263 by appropriate authority. The registry has noted a delay of 12 days in the appeal, the condonation of which has been sought by Ld. AR. Considering the period of delay, we condone the delay and proceed for adjudication of the same. ITA No. 186/Chny/2021 - 2 - 2. The Ld. AR, at the outset, placed on record letter dated 09.05.2022 and submitted that in the consequential order passed u/s 143(3) r.w.s. 263 on 31.03.2022, the returned of income as per original order dated 29.11.2017 has been accepted and therefore, the appeal may be treated as closed. The copy of the assessment order has been placed on record. The Ld. Sr. DR did not raise any material objection to the same. 3. In view of the foregoing, the appeal stands dismissed as infructuous. Order pronounced on 17 th May, 2022. Sd/- (MAHAVIR SINGH) उपा34 /VICE PRESIDENT Sd/- (MANOJ KUMAR AGGARWAL) लेखा सद; / ACCOUNTANT MEMBER चे+ई / Chennai; िदनांक / Dated : 17-05-2022 JPV JPVJPV JPV आदेश की Xितिलिप अ 8ेिषत/Copy of the Order forwarded to : 1. अपीलाथ /Appellant 2. यथ /Respondent 3. आयकर आयु (अपील)/CIT(A) 4. आयकर आयु /CIT 5. िवभागीय ितिनिध/DR 6. गाड फाईल/GF